EB5 Investors Magazine Volume 5, Issue 2 - Page 22

Chinese Mom’s 16-month EB-5 Journey Makes Her “One of the Lucky Ones” Joann Hu had a smooth EB-5 experience after receiving her green card in less than 1.5 years and her investment capital refunded shortly afterwards. By EB5 Investors Magazine Staff O nly 16 months after Tianji-native Joann Hu filed her I-526 petition and invested $500,000 into a film studio in Los Angeles in 2010, her family received their conditional green cards and settled down in a New Jersey suburb. She said her EB-5 journey, which started before the retrogression kicked in, has been filled with good fortune. “I have to say that I am one of the lucky ones,” she said. Working as vice president for a government-affiliated logistics company in Tianjin, China, Hu had high hopes for her kids’ education long before their journey to the U.S. began. She sent her son to an international school in Tianjin with the determination to provide him with the best education possible. When her son was about to attend 9th grade, Hu learned about EB-5 from other parents of her son’s classmates, who had decided to make the move to other English-speaking countries to further their children’s education. “I wanted a complete high school education experience for my son too,” she said. STARTING THE JOURNEY AS AN EB-5 INVESTOR The Hu family embarked on the EB-5 journey in October of 2010. “I didn’t want the application to cause any gap in the 21 EB5 INVESTORS M AGAZINE